Contract Analyst - Minneapolis, United States - Reinsurance Group of America

Reinsurance Group of America Minneapolis, United States

2 weeks ago

Description

The Treaty development analyst develops, designs, and produces reinsurance treaties (contracts) of routine to medium complexity directly related to management policies and general business operations.

Ensures the treaties accurately reflect the reinsurance agreement reached between RGA Re and its clients. Ensures the accuracy and integrity of Raptor treaty record set up and updates to the Treaty SharePoint site. Assists department associates with research, setting up and developing amendments in Raptor. Assists with special projects, as required.
Responsibilities

Research, designs, and creates routine to medium complexity treaties. Ensures the documents accurately reflect the agreement reached between Group Re and its clients. Escalates language outside guideline parameters for assessment and assists with obtaining approvals when needed.
Ensures treaties comply with state and federal insurance regulations and corporate contract standards. Identifies differences and escalates for review.
Maintains relationships with clients and other Group Re associates to facilitate effective resolution of treaty issues.

Under supervision, advises clients of recommended revisions to the treaty document(s) and monitors status of documents to ensure they are properly executed.

Works collaboratively with internal associates in various departments and with clients to deliver timely service and to set reasonable expectations related to the completion of treaties.

Develops and updates template treaty documents and produces reports that monitor, among other things, timeliness of execution.
Assists department associates with research, setting up and developing amendments, as necessary.
Requirements

Education and Experience

Required:
Bachelor's Degree, paralegal degree or equivalent related experience in insurance (including insurance examiner) reinsurance or law related positions
2-5 years of life insurance or reinsurance experience; or 2-5 years of document drafting experience

Preferred:
Progress towards FLMI, ARA or another relevant professional accreditation
Reinsurance Industry knowledge
Skills and Abilities

Required:
Basic Microsoft Excel skills
Basic Microsoft Outlook skills
Ability to read and interpret routine to medium complexity treaty language, and to apply it appropriately.
Advanced written communication skills
Advanced oral communication skills
Must be flexible and adaptive to change.
Takes initiative and is accountable.
Must possess investigative skills.
Ability to multi-task
Must be goal oriented.
Demonstrate change initiation skills.
Advanced analytical and problem solving skills.
Ability to share and impart knowledge through training or discussions.
Value judgment abilities
Ability to balance detail with departmental goals/objectives.
Ability to work independently.
Ability to work well within a team environment and participate in department projects.

Preferred:
Company Overview

The general pay range for this position is $53,105-75,860 per year. Base pay varies depending on job-related knowledge, skills, experience and market location.

In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan.

RGA also maintains a full range of health, retirement and other employee benefits.

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